iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO)

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The chart shows the growth of an initial investment of CA$10,000 in iShares Japan Fundamental Index ETF (CAD-Hedged), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO) has returned 9.43% so far this year and 44.20% over the past 12 months. Looking at the last ten years, CJP.NEO has achieved an annualized return of 15.12%, outperforming the S&P 500 Index benchmark, which averaged 12.98% per year.

Based on dividend-adjusted daily data since Jan 2, 2009, CJP.NEO's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, your investment would double in approximately 6.2 years.

Historically, 58% of months were positive and 42% were negative. The best month was Feb 2012 with a return of +12.0%, while the worst month was May 2010 at -12.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CJP.NEO closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +9.1%, while the worst single day was Mar 12, 2020 at -10.1%.

iShares Japan Fundamental Index ETF (CAD-Hedged) has an annualized alpha of 3.52%, beta of 0.76, and R² of 0.23 versus S&P 500 Index. Calculated based on daily prices since January 05, 2009.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (78.50%) than losses (76.13%) — typical of diversified or defensive assets.
• R² of 0.23 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CJP.NEO has an expense ratio of 0.71%, placing it in the medium range.

CJP.NEO ranks 89 for risk / return — in the top 89% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for iShares Japan Fundamental Index ETF (CAD-Hedged) (CJP.NEO) and compare them to a chosen benchmark (S&P 500 Index).

iShares Japan Fundamental Index ETF (CAD-Hedged) provided a 1.35% dividend yield over the last twelve months, with an annual payout of CA$0.54 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for iShares Japan Fundamental Index ETF (CAD-Hedged). The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares Japan Fundamental Index ETF (CAD-Hedged). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Japan Fundamental Index ETF (CAD-Hedged) was 38.36%, occurring on Oct 3, 2012. Recovery took 130 trading sessions.

The current iShares Japan Fundamental Index ETF (CAD-Hedged) drawdown is 5.16%.

The chart below shows the rolling one-month volatility.